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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: Kenneth E. Phillipps who wrote (100076)	2/17/2011 2:14:41 PM
From: TideGlider	4 Recommendations Respond to of 224718

We spend far too much Kenneth. If you can't grasp that you may have had a stroke. The Dems are struggling to spend more. It won't happen Kenneth.

To: Kenneth E. Phillipps who wrote (100076)	2/17/2011 2:26:04 PM
From: grusum	2 Recommendations Respond to of 224718

Consider what would happen if we allowed all the tax cuts now scheduled to expire in 2012, including the ones enacted under Bush, to go away. we would have been taxed more which would further stifle business and therefore reduce tax revenue, even though taxes were higher.. That would produce nearly as much deficit reduction over the next decade -- roughly $4 trillion -- as all the maneuvers of the Bowles-Simpson commission put together. you don't get it, do you? we're on the downside of revenue from taxation. that means if you REDUCE taxes (and hopefully regulations), you get MORE tax revenue. don't forget that 100% of nothing is nothing. combined federal and state taxes in many areas are nearly 50%! they're killing off the businesses that we absolutely need. you simply are not going to get more money with higher taxes. and if your types succeed in raising them, i guarantee you'll see less business and income to tax. less revenue, kenneth, and starvation for you whether you believe it or not.

To: Kenneth E. Phillipps who wrote (100076)	2/17/2011 3:25:18 PM
From: TopCat	3 Recommendations Read Replies (1) \| Respond to of 224718

I, for one, would be willing to pay more taxes AFTER I see some serious progress made in spending reduction. Until then, read my lips.....NO MORE TAXES!

To: Kenneth E. Phillipps who wrote (100076)	2/17/2011 6:09:39 PM
From: chartseer	2 Recommendations Read Replies (1) \| Respond to of 224718

"What are called "tax cuts for the rich" have been reductions in high tax rates under four different administrations, including the Democratic administration of John F. Kennedy. In each case, going all the way back to the 1920s, the reduced tax rates have led to increased tax revenues for the government. "The rich" have ended up paying both a higher total amount of taxes and a larger share of all taxes than they did before what were called "tax cuts for the rich." The reason is very straightforward: high tax rates that people don't actually pay do not bring the government as much revenue as lower tax rates that they do pay. High tax rates drive investors into tax shelters like tax-exempt bonds or drive their investments out of the country altogether, costing Americans jobs. This is not rocket science-- and the data are there to prove it. But somebody has to say it." realclearpolitics.com citizen chartseer